Cathie Wood’s ARK Invest Resumes Crypto Stock Purchases with $1.1M Bullish (BLSH) Buy
Cathie Wood's ARK Invest has broken its crypto stock acquisition hiatus with a $1.1 million purchase of Bullish (BLSH) shares on January 28, 2026. The MOVE signals renewed institutional confidence after a six-week pause since mid-December 2025.
The Peter Thiel-backed crypto exchange, which went public in August 2025, saw ARK acquire 33,022 shares across two funds. The ARK Innovation ETF absorbed the majority with 31,543 shares, while the ARK Blockchain & Fintech Innovation ETF added 1,479 shares.
Bullish's institutional-focused platform, headquartered in the Cayman Islands, closed at $34.33 on purchase day before dipping further to $32.76. This transaction formed part of ARK's broader $21.5 million crypto stock buying spree following Bitcoin's retreat below $90,000.